A few days ago the National Census Bureau announced the 5 fastest growing cities in the nation. What does this mean to Las Vegans? Well, it means that Las Vegas is still right there at the top. Surprisingly the incorporated city of Las Vegas was not as high as it has been in the past. From 7/1/04 to 7/01/05 Las Vegas has fallen from the number 1 fastest growing city to the 42nd fastest growing city in the nation growing around 11,000 people or 1.99%. Henderson came in at 10th with a growth in the ballpark of 8,000 residents or a 3.39% growth in population. N. Las Vegas came in at an astounding 2nd place of the nations fastest growing cities. N. Las Vegas increased its population by 18,000 people or in percentages 11.41%.
As we can see, Las Vegas and its surrounding areas are still doing very well. The growing populations and the softening but yet strong, not busting, housing market has stumped our ever “neigh saying” critics in their tracks. What can you expect when your unemployment is the lowest in the nation and you have 60 or more businesses moving to Las Vegas each year and you're running out of land to develop. All of these things say to me, “ This is a GREAT market to be in!” Talk about stability and consistency, that’s what Las Vegas has been all about for the past 20 years.
As more attractions and wonderful communities are continuing to be built you are going to be amazed at how steady and rock solid the Las Vegas market is going to be. Speaking of rock solid, look at North Las Vegas. There is no wonder why North Las Vegas is the 2nd fastest growing city in the America. North Las Vegas provides some of the best home prices in the Valley, Aliante, one of the largest and most beautiful master planned communities in the state of Nevada, coupled with the upcoming attractions in the Northwest, North Las Vegas is the epitome of comfort living and convenient location.
Now is the time to take advantage of the affordable house prices of North Las Vegas because as soon as the planned casinos, shopping, malls, the Disney themed park as well as other great parks, and the great golf courses are up and running you probably won’t find a spot available not to mention the prices of the homes.
Just take this as a general suggestion for the “Now” about the whole Las Vegas Valley, “Get it while you can because when it’s hot, it’s GONE!!!”